Strategic Alliances for a Safe Climate, Sound Business
Strategic Alliances for a Safe Climate, Sound Business
Strategic Alliances for a Safe Climate, Sound Business
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<strong>Strategic</strong> <strong>Alliances</strong> <strong>for</strong> a <strong>Safe</strong> <strong>Climate</strong>, <strong>Sound</strong><br />
<strong>Business</strong><br />
“New Century Enterprises”<br />
WRI’s Third Annual Sustainable Enterprise Summit
About the collaboration<br />
■ Agreed supportive policy is needed to reduce risks<br />
■ Analyzed long term energy scenarios<br />
■ Examined BP, GM, Monsanto, and WRI roles<br />
■ Identified opportunities and barriers<br />
■ Developed recommendations<br />
■ Committed to pursue seven-point action agenda<br />
<strong>Safe</strong> <strong>Climate</strong>, <strong>Sound</strong> <strong>Business</strong>
Key messages<br />
■ Precautionary action is justified now<br />
■ <strong>Business</strong> can contribute technology, policy<br />
development, and reductions<br />
■ Market-oriented policies that implement national<br />
commitments can address the long-term need to<br />
stabilize GHG concentrations<br />
<strong>Safe</strong> <strong>Climate</strong>, <strong>Sound</strong> <strong>Business</strong>
Some energy pathways can reduce risks,<br />
but this will be a challenge<br />
Current Trends<br />
Middle<br />
Course<br />
Renewable<br />
Intensive<br />
Coal Intensive<br />
with Sequestration<br />
<strong>Safe</strong> <strong>Climate</strong>, <strong>Sound</strong> <strong>Business</strong>
Three critical building blocks<br />
■ Energy efficiency<br />
■ Renewable energy<br />
■ Carbon sequestration<br />
<strong>Safe</strong> <strong>Climate</strong>, <strong>Sound</strong> <strong>Business</strong>
Low carbon future scenarios<br />
18%<br />
Renewable<br />
Intensive<br />
5% 0% 3% 6%<br />
24%<br />
11%<br />
Coal Intensive<br />
2%<br />
19%<br />
7%<br />
4%<br />
19%<br />
1990<br />
34%<br />
80%<br />
2100<br />
68%<br />
2100<br />
Coal Oil Gas Renewable Nuclear<br />
Annual energy intensity improvement<br />
1% 1.3% 2.3%<br />
CO 2<br />
concentration (ppm)<br />
358 430 430<br />
<strong>Safe</strong> <strong>Climate</strong>, <strong>Sound</strong> <strong>Business</strong>
Technology challenges & opportunities<br />
■ Renewables<br />
– BP Amoco and Solar<br />
■ Biological sequestration<br />
– Monsanto and conservation tillage<br />
■ Advanced vehicle technologies<br />
– GM and the EV1<br />
<strong>Safe</strong> <strong>Climate</strong>, <strong>Sound</strong> <strong>Business</strong>
Recommendations <strong>for</strong> government<br />
■ Consider climate in policy decisions<br />
■ Eliminate fossil fuel subsidies and implement<br />
market-based mechanisms<br />
■ Increase basic research<br />
■ Expand cooperative research programs<br />
■ Engage stakeholders<br />
■ Establish mechanisms <strong>for</strong><br />
global cooperation<br />
<strong>Safe</strong> <strong>Climate</strong>, <strong>Sound</strong> <strong>Business</strong>
Recommendations <strong>for</strong> business<br />
■ Measure, track, and report<br />
■ Reduce and sequester<br />
■ Develop new products and businesses<br />
■ Include global climate in new investments<br />
■ Educate stakeholders<br />
■ Help <strong>for</strong>mulate and implement policy<br />
<strong>Safe</strong> <strong>Climate</strong>, <strong>Sound</strong> <strong>Business</strong>
SCSB Action Agenda<br />
■ Measurement and reporting<br />
■ Early reductions<br />
■ <strong>Strategic</strong> ventures and alliances<br />
■ Purchasing decisions and leverage<br />
■ New global investment criteria<br />
■ Education<br />
■ Dialogue<br />
<strong>Safe</strong> <strong>Climate</strong>, <strong>Sound</strong> <strong>Business</strong>
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